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Henrico 23223
17 Evergreen Road
$185,000
● House - Off Market

17 Evergreen Road

Richmond, VA 23223
bedrooms
2 Beds
bathrooms
1 Bath
$180,388
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This cute saltbox home has been a rental for many years. Large fenced yard with 2 outbuildings. Screened porch on side rear. Eat-in kitchen and bedroom downstairs with full bath. Additional bedroom upstairs. Backs up to land owned by the Masonic Home. Although no known defects home being sold "AS-IS". This has been rental property for many years and seller knows of no issues, but has not lived in the home.
Unit Size
-
Days on Market
36 days
Land Size
0.39 acres
Price per sqft
-
Property Type
House
Property Taxes
$102
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (CVRMLS #2307043)

Price History

Date / Event Date Event Price
May 3, 2023 Sold
Premium
Sold
Mar 28, 2023 Listed by Long & Foster REALTORS $179,000
Listed by Long & Foster REALTORS
Jun 15, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,113
  • Gross Building Area: 1,494
  • Building Area: 1,113
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 18
  • Heated Square Feet: 1,113
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 223
  • Legal Description 1: 01530A0000 0015; E OF EVERGREEN RD AC .39 9 A1 5

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 201104

Zoning

  • Zoning: A-1

Geography

  • Account Number: HA6403102
  • District: VARINA
  • Parcel: 806-721-6272
  • Municipality: VARINA
  • Latitude: 37.539
  • Longitude: -77.3835

    Address

  • Full Address: 17 Evergreen Rd
  • Address - House Number: 17
  • Address - Street Name: Evergreen
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Richmond
  • Carrier Code: C026
  • 4-Digit Zip Code: 5529
  • Zip Code: 23223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $119,936

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 197,179
  • High Value: 229,893
  • Low Value: 164,465

    Market Valuation

  • Market Total Value: $144,500
  • Market Land Value: $36,000
  • Market Improvement Value: $108,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,500
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $108,500

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: May 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9614
  • Previous Sale Recording Date: Jun 15, 2005
  • Previous Sale Contract Date: May 27, 2005
  • Previous Sale Amount: $12,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Henrico

Stats & Trends

Median Asking:

$399,950

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2190 ft²

Average Home Age

26.9 years

Currently For Sale

406 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2300 Farrand Street, Henrico, VA, 23231

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 930 ft²
2300 Farrand Street, Henrico, VA, 23231 Listing by Danielle Wade

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Pam Davis, Long & Foster REALTORS
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2307043
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 17 Evergreen Road built and last sold?
The property at 17 Evergreen Road was built in 1925 and last sold on Apr 27, 2023 for $185,000.
How much is this home worth?
The estimated value of the home located at 17 Evergreen Road is $0.
What are some comparable homes to 17 Evergreen Road?
There are currently no comparable homes to 17 Evergreen Road.
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